"Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

"Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

Of course, the Republicans in congress don’t care about this. They are fighting to make huge cuts to infrastructural improvements,

When the hell was the last time the Republicans fought to make any real cuts in anything whatsoever - let alone "huge" ones? And it concludes with this scintillating little gem:

If one seeks a conservative viewpoint, it is hard to find one more conservative than the Federal Reserve. It remains one of the dullest, most conservative departments of government imaginable, making even the IRS look like party animals by comparison. When the Federal Reserve is telling you that money should be spent on infrastructure, it is high time for the Republicans in Washington DC to listen. It was through gigantic projects like Hoover Dam and the Interstate Highway System that the United States grew into the world power it is today. A similar program today could restore us, and it is Republican Obstructionism which is holding back the economy. If they do not change their tune, they will be decimated in 2014.

So ... some pro-stimulus partisan hack is impressed by the fact the the Federal Reserve (the engine that makes "stimulus" possible) has put out a "study" which concludes that stimulus is a wonderful idea. Gee, imagine that.

Last edited by Occam's Banana; 12-04-2012 at 01:40 PM.

"A free man must be able to endure it when his fellow men act and live otherwise than he considers proper. He must free himself from the habit, just as soon as something does not please him, of calling for the police." -- Ludwig von Mises, Liberalism (p. 55)

"The evil that a man inflicts on his fellow man injures both - not only the one to whom it is done, but also the one who does it. Nothing corrupts a man so much as being an arm of the law and making men suffer. The lot of the subject is anxiety, a spirit of servility and fawning adulation; but the pharisaical self-righteousness, conceit, and arrogance of the master are no better. [...] The criminal has incurred the penalties of the law, but not the hate and sadism of the judge, the policeman, and the ever lynch-thirsty mob." -- Ludwig von Mises, Liberalism (p. 58) [bold emphasis added]

EDIT: Read the article. What say I? Partisan trash that promotes spending money we don't have. I'm predisposed to paving the earth but increasingly skeptical that coercive organizations can do this efficiently.

Investment in infrastructure can affect growth positively. But it can do that in boom and it bust situations. If an investment has an expected positive return, you invest. If not - don't invest. It's not true that investing in otherwise unprofitable infrastructure is a wise thing to do during recessions. Recessions are exactly the reallocation of badly allocated capital resources. You won't solve that problem by allocating even more resources to the wrong places.

Well , for 3 million per year salary and matls , I will be willing to detonate one bridge per week. This should help immensely ( not ) , I can take 2 weeks vac and do one in each state.Tell the Fed to pm me when I should start, I need to put in some FMLA papers at my job , lol.What a bunch of douchebags.